Proga, I do agree on your observations. The battle with shorters in not to be under estimated. This is shorted to the eye balls. They will also support pushing the price down and will roll into any good news before repeating the process of pushing the price down again. Until the graphite price stabilizes, production increases with off takes this will be roller coaster company. However I do think that even if it may be a year or two, the future of SYR is bright. The complication will be that just like Lynas is moving ahead in the rare earth space it has to deal with the Chinese manipulating the rare earth price to force out competition. This could be a similar issue with Syrah and graphite. There needs to be western government support going forward long term because Chinese companies certainly have their government in the corner manipulating the hell out of markets to destroy competitors.
- Forums
- ASX - By Stock
- General Discussion
Proga, I do agree on your observations. The battle with shorters...
-
- There are more pages in this discussion • 397 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
|
|||||
Last
32.5¢ |
Change
0.010(3.17%) |
Mkt cap ! $336.3M |
Open | High | Low | Value | Volume |
32.0¢ | 33.5¢ | 31.5¢ | $1.380M | 4.243M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 126793 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 209602 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 32885 | 0.325 |
9 | 1056682 | 0.320 |
10 | 689896 | 0.315 |
9 | 276805 | 0.310 |
20 | 725665 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 209602 | 3 |
0.335 | 193200 | 6 |
0.340 | 154912 | 8 |
0.345 | 69100 | 3 |
0.350 | 22859 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |